Sadly, IMHO the aggressive "price-war" lows for both solar panels and LiFePO4 batteries seen globally through 2024 and 2025 have largely bottomed out, with 2026 marking a pivot toward stabilizing or increasing costs. Solar Panels The Lows: Driven by massive factory overproduction and fierce competition in Asia, solar module prices plunged to historic depths over the last two years. Prices have flattened or begun ticking upward. Manufacturers and government policies are actively working to curb unsustainable price wars, and changes to export incentives mean the era of continuously crashing spot-market panel prices has paused. LiFePO4 (LFP) Batteries The Lows: Global battery pack prices hit record lows through 2025 (with stationary storage packs reaching remarkable lows near $70/kWh). Prices have bottomed out. The market is facing upward pressure due to a rebound in critical raw material costs, surging energy storage demand from data centres and grids, and shifting tax rebate policies for exports out of China. Second-life (OK, used) LiFePO4 (LFP) Batteries The market for second-life EV battery packs is expanding rapidly, with a projected compound annual growth rate (CAGR) between 25% and 42%, expected to reach a multi-billion dollar ecosystem by the mid-2030s. The industry is pivoting from an ad-hoc DIY market into an industrial, automated supply chain.
